Question 25 Solve the problem. Real Estate Amortization Table (Principal and Interest per Thousand Dollars Borrowed) Terms in Years 4% 41% 5% 5% 6% 10 10.12 10.36 10.61 10.85 11.10 15 7.40 7.65 7.91 8.17 8.44 20 6.06 6.33 6.60 6.88 7.16 25 5.28 5.56 5.85 6.14 6.44 30 4.77 5.07 5.37 5.68 6.00 Terms in Years 61% 7% 71% 8% 10 11.35 11.62 11.88 12.14 15 8.71 8.99 9.28. 9.56 20 7.46 7.76 8.06. 8.37 25 6.75 7.07 7.39 7.72 30 6.32 6.65 7.00 7.34 1 pts The monthly payments on a $80,000 loan at 41 % interest for 20 years is $506.40. How much of the first monthly payment will go toward interest? $360.00 $22.79 $483.61 $300.00